ACQUISITIONS (Tables)

12 Months Ended

Feb. 25, 2017

Business Acquisition, Pro Forma Information

Supplemental information on an unaudited pro forma basis is as follows (in millions):

	Fiscal 2014
Net sales and other revenue	$	57,496.9
Loss from continuing operations, net of tax	$	(281.5	)

Haggen

Summary of Allocation of Fair Value of Assets Acquired and Liabilities Assumed

The following summarizes the allocation of the fair value of assets acquired and liabilities assumed at the acquisition date (in millions):

	June 2, 2016
Inventory	$	31.8
Other current assets		2.5
Property and equipment		89.9
Intangible assets, primarily pharmacy scripts and trade names		31.4
Total assets acquired		155.6
Capital lease obligations		35.2
Other long-term liabilities		22.7
Total liabilities assumed		57.9
Net assets purchased		97.7
Goodwill		16.1
Total purchase consideration	$	113.8

AP Transaction

Summary of Allocation of Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the final allocation of the fair value of assets acquired and liabilities assumed (in millions):

	November 17, 2015
Current assets, including $1.7 million in acquired cash	$	51.1
Property and equipment		133.9
Intangible assets		67.1
Total assets acquired		252.1
Current liabilities		2.3
Capital lease obligations		71.7
Other long-term liabilities		16.2
Total liabilities assumed		90.2
Net assets purchased		161.9
Goodwill		130.8
Total purchase consideration	$	292.7

Identifiable Intangible Assets Acquired

The identifiable intangible assets acquired consisted of the following as of the date of the A&P Transaction (in millions):

Beneficial lease rights	$	44.0
Customer lists, including prescription files		19.4
Other intangibles		2.5
Total finite intangible assets		65.9
Liquor licenses		1.2
Total identifiable intangible assets	$	67.1

Safeway

Summary of Allocation of Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the final allocation of the fair value of assets acquired and liabilities assumed at the date of the Safeway acquisition (in millions):

	January 30, 2015
Cash	$	2,202.9
Receivables		348.4
Inventories		2,493.7
Other current assets		614.1
Property and equipment		8,102.4
Intangible assets		3,102.2
Other assets		719.7
Total assets acquired		17,583.4
Current liabilities		2,984.8
Long-term capital lease obligations		514.2
Long-term debt		2,470.3
Long-term deferred income taxes		1,817.1
Other long-term liabilities		2,205.0
Total liabilities assumed		9,991.4
Net assets purchased		7,592.0
Goodwill		942.4
Total purchase consideration	$	8,534.4

Identifiable Intangible Assets Acquired

The identifiable intangible assets acquired consisted of the following as of the date of the Safeway acquisition (in millions):

Trade names	$	1,458.0
Beneficial lease rights		367.2
Customer lists, including prescription files and licenses		865.2
Internally developed software and loyalty program technology		375.3
Total finite intangible assets		3,065.7
Liquor licenses		36.5
Total identifiable intangible assets	$	3,102.2